Turn-key investment opportunity in desirable King Edward Park! This 2022-built triplex offers 5 income-producing rental units, including 2 legal basement suites with separate entrances. The property features three townhouse-style units; Units 8021 and 8025 each include a self-contained 1-bedroom legal basement suite, while Unit 8023 includes an unfinished basement as part of the main unit. Each upper unit offers 3 bedrooms, 2.5 bathrooms, modern finishes, and upper-floor laundry. Situated on a corner lot just minutes from Bonnie Doon Mall, Whyte Ave, Downtown, Mill Creek Ravine, schools, transit and the Valley Line LRT. Fully leased with established tenants and professionally managed. Buyer may have the opportunity to assume the existing CMHC MLI Select mortgage, subject to lender and CMHC approval. Rent roll and financial information available.
For sale
C$1,450,000
8021 87th St NW, Edmonton, AB T6C 4E8
4beds
3,891sqft
Triplex
Built in 2022
-- sqft lot
$-- Zestimate®
C$373/sqft
C$-- HOA
What's special
Modern finishesUpper-floor laundryCorner lot
- 73 days
- 16
- 0
Zillow last checked:
Listing updated:
Listed by:
Chun Yuan,
Initia Property Management
Source: RAE,MLS®#: E4495019
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: Upper
Family room
- Level: Basement
Heating
- Forced Air-2, Natural Gas
Appliances
- Included: See Remarks
Features
- Flooring: Carpet, Ceramic Tile, Laminate Flooring
- Basement: Full, Finished
Interior area
- Total structure area: 3,891
- Total interior livable area: 3,891 sqft
Property
Parking
- Parking features: Stall
Features
- Levels: 2 Storey,3
- Exterior features: Landscaped
Lot
- Size: 5,858 Square Feet
- Features: Corner Lot, Landscaped, Near Public Transit, Schools, Shopping Nearby, Public Transportation
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- Year built: 2022
Community & HOA
Community
- Features: See Remarks
Location
- Region: Edmonton
Financial & listing details
- Price per square foot: C$373/sqft
- Date on market: 6/22/2026
- Ownership: Private
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: King Edward Park
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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